at this point investing in via/xch will either lose you pennies or you become a millionaire
seems worth it
You may have overshot just a bit on "millionaire" part... but who's counting, right? |
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bump
And again open. Meanwhile the CENSORED one -or the world upside down, where the totally demented call the rational bipolar and other even worse things, to the amazement of the world at large-, ban people (me and others) because, well, because reason, reality, common sense, obviously doesn't belong in that cesspool. How long will this thread remain open and free? One would think not too long. Probably less long than this joke of a project for retarded individuals. Didnt you want unmoderated thread?. Now here it is, why are you yet sad?. God barabbas you are the sadest person in the cryptoscene Happy enough to completely ignore stupid statements such as the ones you post. Ta da! Time will tell, by the way i dont think my posts are stupid, i explained to you in the past what this is about, but you seem not to understand. Of course you don't think what you post can possibly be stupid, what a notion! But pretending to interpret if I am sad or happy or anything in between is not only completely irrelevant but utterly stupid. Objectively. Explained to me? Wot?  !!!! Regardless what your wishful thinking determines this is, so far, a very immature -in many more ways than one - project full of flaws.. in concept and in execution. And, logically, it is all reflected in the price. But I know you have a much clearer version to push, of course. And you are dying to "explain" it not just to me but to anyone willing to listen, right? Oh well "explain" away. And by all means continue posting all those non-stupid statements that so clearly qualify you. Sadly too. |
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what's going on for the great VIA?  when i see barabbas posting on a thread, i always know that it's time to buy  ...but also that it's been quiet for too long and an update is long overdue EDIT : ok... not a single answer or reply.. where is the new official place to reach via devs, via supporters and investors??? (IRC, Slack, else?)  Uh? I didn't know I had become such an indicator, but since you seem so convinced, perhaps you should also load up on VIOR, SEED, BYC, NAUT, VRC, SFR, and a few others IN ADDITION to VIA. Other than that and being that this is a SELF-MODERATED thread, I post here quite sparingly... when at all. Technologically, this project is indeed interesting but, unfortunately, that's the only part -and by far not the most important in my view- that is. All the rest, quite frankly and for lack of a better word, sucks... hmm now based on that list of coins above, i'm not convinced anymore you're such a good indicator  so, techno part it's absolutely true that VIA have it... but could you list the points you mean by "All the rest... sucks" ? let's turn this comment you made in a positive one, where someone or the community can start to work on. thanks I wish it could be done but it can't. First, to have a CENSORED thread. That's a biggie: no project has ever been successful with such a burden. Second and even more grave, that exercise in egomania which is the dev, have "forbidden " (or attempted to) to even discuss price moves... simply outrageous to the point of extreme ridicule. No one will ever take seriously someone like that. Ever EVER. Regardless. Third, this "chief scientist " guy, Peter Todd... what does he do, do you know? Does anyone know? No, actually no one does because he doesn't have to do ANYTHING. Oh he will write a brief text here and there mostly about what needs to be done but never get actually anything done. No timeline, no schedule , no nothing... Fourth, no one outside of crypto knows what Viacoin is. Or, even inside crypto, what that thing XCP or whatever is. Much less use it. It . Would appear that VIA has already some sort of decentralized exchange right? Nah. None that anyone uses or can use. Same thin g with "notary services" or "smart contracts". There's total lack of comprehensive communication with the community and much less with the tech world and even less -none at all whatsoever - with the real world from ANY and all angles. Fifth, this is not just developed and managed by an egomaniacal anonymous individual but actually, by all intents and purposes, OWNED actually by that individual, along with an investor acounting both for straight ownership of 1/4 of VIA and who knows what of the Xcp or whatever its name is- asset. It IS a very serious -insurmountable in fact- distribution problem in a "decentralized" project. As you can see, with the best most positive intention, it is quite evident we have very serious and numerous problems. .. the unsolvable kind. But I am sure you will have a different vision. Certainly a different agenda... hurry up if you are answering because I doubt this post will remain live for very long. .. and hereby lies problem # one... |
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what's going on for the great VIA? when i see barabbas posting on a thread, i always know that it's time to buy ...but also that it's been quiet for too long and an update is long overdue EDIT : ok... not a single answer or reply.. where is the new official place to reach via devs, via supporters and investors??? (IRC, Slack, else?) Uh? I didn't know I had become such an indicator, but since you seem so convinced, perhaps you should also load up on VIOR, SEED, BYC, NAUT, VRC, SFR, and a few others IN ADDITION to VIA. Other than that and being that this is a SELF-MODERATED thread, I post here quite sparingly... when at all. Technologically, this project is indeed interesting but, unfortunately, that's the only part -and by far not the most important in my view- that is. All the rest, quite frankly and for lack of a better word, sucks... |
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bump
And again open. Meanwhile the CENSORED one -or the world upside down, where the totally demented call the rational bipolar and other even worse things, to the amazement of the world at large-, ban people (me and others) because, well, because reason, reality, common sense, obviously doesn't belong in that cesspool. How long will this thread remain open and free? One would think not too long. Probably less long than this joke of a project for retarded individuals. Didnt you want unmoderated thread?. Now here it is, why are you yet sad?. God barabbas you are the sadest person in the cryptoscene Happy enough to completely ignore stupid statements such as the ones you post. Ta da! |
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Two things: So far, hands down, the best platform there is. No question about it. And support, ALREADY, of an enormous array of assets.
Second thing: Some 70 people own the lot of it. Any one or two of them cashing in, would sink the whole project and render it almost worthless.
That's why the price is 4k instead of 400k.
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This so called "proposal" sets a new level is idiotic wishful thinking. Just examine the statement "... market cap will naturally grow. .." and no further consideration is needed. As for BYC itself, it's damaged, unfortunately, beyond repair... Just one consideration: given that the number of coins in circulation has more than doubled in the 3 months since the ICO and the market cap set at ICO time (50,000 sat) it is actually remarkable and I would say very positive that price is not (yet) way below what it is. It WILL get there though, on way to final destruction.
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This is a great coin, very unique.. Pay no attention to the FUD guys, they just want cheap coins. Start a new moderated the thread and get rid of the one post newbie assholes trying to get cheap coins. JMHO That's not just your HO, but a very st.... unfortunate one: no project with self-moderatedd (CENSORED) thread is successful. None. Only a certain type of people advocate that. |
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You are 110% right. And yet...
There's still that "small" portion of what any average-developed individual would call nutcases, never-worked-a-day-in-their-lives, jerkoffs, with disposable income enough to sustain a micro-economy and create a cesspool of greedy deception, theft and fraud, such as the digital world and it's obvious lure for the unsavoury characters that have become all-too-well-known scammers across it.
So, here we are...
But not a chance, not a chance in hell any of this will ever become mainstream. Ever. No.
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a Troll party !  At the risk of being quite wrong, I'd venture to say that you BELONG in the other thread mentioned... yet you seem to enjoy enjoy this one. Baffling indeed... |
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I hope the max mining limit per day will start decreasing and make this coin a rare coin.
atomic trade exchange is plain dead and not much people use the usecrypto exchange what are the alternative?
How about not trading at all until the project is mature enough or at least out of BETA? |
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bump
And again open. Meanwhile the CENSORED one -or the world upside down, where the totally demented call the rational bipolar and other even worse things, to the amazement of the world at large-, ban people (me and others) because, well, because reason, reality, common sense, obviously doesn't belong in that cesspool. How long will this thread remain open and free? One would think not too long. Probably less long than this joke of a project for retarded individuals. |
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Ah this "newbies" and "juniors"... gotta love them. Really...
Yes, your one of those ones whom puts 'weight' behind Post quantity and 'time on a forum', listen..lets cut past all the BS.. just do what you can to drive the price down, every one knows that what you do, your goal.. so.. just do it, so I can buy cheap again. Thanks for all your hard work. I've banked off your garbage for over a year now. Keep feeding me. Yep, quality of newbies -and idiots- to actually believe anything anyone posts on these boards has any effect on the price in the exchanges... what else is new? No "HR", it's the one and only. The only difference is perhaps your personal agenda? Just a thought... |
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Ah this "newbies" and "juniors"... gotta love them. Really...
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And who, by the way, is this kid Jared Tate, I mean what are his qualifications? I understand that for a kid his age attending a session of CNBC at the Nasdaq is a big event but, really.
https://www.linkedin.com/pub/jared-tate/90/9aa/257BitcoinTate-Well respected KID in the bitcoin world. https://bitcointalk.org/index.php?action=profile;u=83404And who are you?Would you mind to tell everybody on the internet your name and everything you can find with that? As Jared told before,The team is not ready to fully give the information YOU want because there are everyday hack and phising attempts to the personall account of Jared and to the Digibyte network,Website etc. etc. And just a thing i want to say,Offcourse a discussion and questions are good and healty but does is need so much negative thoughts in it? Well I'll tell you, I would absolutely LOVE to find ANY positive in this thing. I haven't succeeded at it at all, hard as I have tried. Now, regarding who am I, IF I were someone who would come here to offer a project or expect to get your or anyone's sponsorship for my project, I would consider a condition to not only reveal who I am but offer every other assurance of transparency and accountability possible, the more the better. Kind of the cleanest restaurant possible if someone would want to enter the restaurant business? You don't need to know the identity of your customers, unless required by law... as long as they PAY for whatever you sell, right? As it stands, I am not a developer and I dont need, seek, or want anyone's sponsorship... just the opposite of the dev "teams" all around in crypto. But to put an even closer example that I am sure you would understand clearly, all these projects are quite similar to any other enterprise that, ONLY AFTER VERY MEETING VERY CONSIDERABLE BARRIERS OF IDENTITY AND TRANSPARENCY, among others, is offered in any international stock exchange. By LAW, they are required not just to meet those requirements but also to offer clear accountability for their expenses every 3 months. Publicly. And audited. But those, you will be right to say, are SERIOUS business while these alas... Do you have a DGB address? I would like to tip you for the most sincere display of trollery I've seen in a good while. Of all the coins to be picking on, man. Seriously. Let me do you a favor and send you some DGB to hold on to long term. If you don't mind much, I would pass on your otherwise wonderful display of generosity... unless we are talking some serious figure, of course, which I sincerely doubt. I know I am probably saying no to future millions of BTC but, like I said, I am strange that way (to better effect, read this loudly and trying to imitate Chris Walken). |
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The up between the double bottom was created by zynga fake news. These charts are working on high volume markets but usually not on altcoins. For me the chart looks like razorcoin lol The real questions are: Is a whale still exiting with slow sells and who is absorbing all the sells? Is there still any work behind the scenes? Only news can push the price up in my opinion and bring confidence back to via. I still believe in via but a little bit more communication would be appreciated I share your views and have quite a few additional concerns along the same lines. But I don't want to either be redundant or excessively negative, therefor I will focus, for now, in the relatively positive fact that, in spite of the turbulence of the last couple of days (BTER) and the remarkable lack of communication for the longest period of time that I remember, from the dev, the price is holding, again in relative terms, not too badly. Which would make ANY variables upcoming -unless it is Moore's Law-, a potential inflection point. |
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And who, by the way, is this kid Jared Tate, I mean what are his qualifications? I understand that for a kid his age attending a session of CNBC at the Nasdaq is a big event but, really.
https://www.linkedin.com/pub/jared-tate/90/9aa/257BitcoinTate-Well respected KID in the bitcoin world. https://bitcointalk.org/index.php?action=profile;u=83404And who are you?Would you mind to tell everybody on the internet your name and everything you can find with that? As Jared told before,The team is not ready to fully give the information YOU want because there are everyday hack and phising attempts to the personall account of Jared and to the Digibyte network,Website etc. etc. And just a thing i want to say,Offcourse a discussion and questions are good and healty but does is need so much negative thoughts in it? Well I'll tell you, I would absolutely LOVE to find ANY positive in this thing. I haven't succeeded at it at all, hard as I have tried. Now, regarding who am I, IF I were someone who would come here to offer a project or expect to get your or anyone's sponsorship for my project, I would consider a condition to not only reveal who I am but offer every other assurance of transparency and accountability possible, the more the better. Kind of the cleanest restaurant possible if someone would want to enter the restaurant business? You don't need to know the identity of your customers, unless required by law... as long as they PAY for whatever you sell, right? As it stands, I am not a developer and I dont need, seek, or want anyone's sponsorship... just the opposite of the dev "teams" all around in crypto. But to put an even closer example that I am sure you would understand clearly, all these projects are quite similar to any other enterprise that, ONLY AFTER VERY MEETING VERY CONSIDERABLE BARRIERS OF IDENTITY AND TRANSPARENCY, among others, is offered in any international stock exchange. By LAW, they are required not just to meet those requirements but also to offer clear accountability for their expenses every 3 months. Publicly. And audited. But those, you will be right to say, are SERIOUS business while these alas... |
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Current dump is just because the good old: "lack of news".
I'm not worried. I've cashed out plenty >100 and some in the 80's, but still holding a good chunk too.
You can't rush real life stuff. Why do you think Jared is flying over the whole world? For fun?
All I can say is: secure your profits so you have a good feeling about it and keep the rest. Even if DGB dumps to 10 again, i'm in profit with my current holdings. (not that i'm expecting it to go so low ever again).
And what exactly is DGB's claim to fame other than those $250K inexplicably given to Jared -I suppose- to get this thing off the ground? Honest question, really. Because, to the outsider here -me- this looks EXACTLY like your run-of-the-mill copy/paste hackjob worth 0.2 BTC from a number of providers. But I am sure it is something more than that and I trust that you will convince me of such. Giving the monumental dump that has followed to the monumental pump, it is approaching levels that, if there's SOMETHING to this project, it could be quite tempting, so I got some fresh BTC I would be willin g to have a house for in any alt that is not what I described above. Thanks in advance! Five separate algorithms. Also, if you do decide to only dabble in it, they've got an electrum-based wallet so you don't have to download the whole blockchain. Thank you for your answer. Unfortunately that's far from satisfying my requirements of honesty and transparency. See, the more I read about this, the more I see it is indeed a souped-up clone of BTC, nothing else. AND, importantly, there's no transparency whatsoever... that I have found. There are a buncho of first names listed as part of "the team", next to some Jared Tate. And an office address in Hong-Kong. Santa Monica, California is supposed to also have a new "global office" but whatever that one is doesn't seem to have neither a phone nor a physical address... hummmm. Also, there's this investment of $250K made by what appears to be a consulting firm in Hong-Kong that we are left to believe -at least I am- that was paid for in billions of DGB, maybe a bunch of current and future billions of DGB... one has to wonder and guess because I have read quite a bit about it and, unless I am missing the meat of the story, it is nowhere to be found what this Hong-Kong consulting firm is getting in exchange for those $250k. As it is, I am farther from being convinced I was before your answer -which, again, I thank you for-. I'd like to actually walk in the Santa Monica office and maybe meet Jared Tate or whoever those faceless first name guys and Tiffany are if they are there. But most of all, I'd like to know the obligations DGB has in exchange for that lofty $250K contribution. Lacking that, my BTC will be put to use somewhere else. TRhanks again for your quick answer anyway. I think you should make your own decision, and it sounds like you did before you asked your question. Your posts have a pretty clear anti-Chinese bias. And, you can have personal bias. But, this isn't a hate-group, so if you can't get over a partnership with an international company, you should probably go somewhere else. Digital currency is inherently multinational. DGB received the investment ... they didn't make it. With the investment they created the companies Digipay and Digitrade and formed a strategic partnership with TofuGear. As far as transparency goes ... okay. They don't list their last names or office location. Probably so crazy people don't walk into their offices demanding to see financial data about business partnerships. It's also super-creepy that you singled out specific people that you want to find out about. In reality, DGB is better than most alt-coins with transparency. Many of the alt-coins don't publish any information at all about their management teams, development goals, or finances. And, many of the developers don't use their real names in these forums or put them on their websites. And, are you serious about the phone number thing? What's the phone number for DOGE or LTE? Or, the phone number or physical address for Darkcoin? Myself, and many others here have a lot of respect for the DGB management team and their regular participation in these discussions. I hope you come to realize that DGB is a great investment and has a fantastic future. Oh I am serious as pancreatic cancer when it comes to matters of health. Or money. And you are right: There are almost as many anonymous projects as frauds and scams. Not quite, but almost (some of them are perpetrated by perfectly identified people like Dan Metcalf, or David Zimbeck or that Li guy who owns BTER). That's why I make it IMPERATIVE to know who will be responsible for my money. I am wired that way. Oh and I don't have any negative bias about anyone based on race, sex or, much less, nationality. For me it is either crooks or honest people, just that. And honest people who aspire to MY business, must be, besides honest, transparent and accountable. Not by comparison, but in absolute terms. And, even in those cases, you have to deal with incompetency too... but that is another hill of different beans. That is just me, though. You are perfectly free, in what respects to me, to do with your money and support whatever you may consider opportune. |
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I'm a fundamentalist when it comes to economics and investing, yet still, looking at this 1-week $VIA chart at bitcoinwizdom makes me wonder if Viacoin is about to break upwards. These 2 so-called support and resistant lines will converge in the next 2 weeks... Perhaps something boiling under the hood. Then again, I was never a technician trader and I might be hallucinating... hehe   You are not. That is as classic a double bottom as they come... That said, TA is arguably something that works because some people actually believe that many will follow those patters and, consequently MAKE it work. It is historically proven that some sort of that effect tends to happen... if the rest of the requirements are met... which is NEVER, EVER the case in crypto: Namely, a volume in transactions up to 100 times bigger than the ones actually taken place, are necessary for TA to actually be considered by experts. That said, if half a dozen people believe that it could apply here, and they have something like half a BTC each to put them to work, they would probably prompt a "price-reaction". Nothing to do with the traditional TA, but same "effect" nevertheless... |
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Current dump is just because the good old: "lack of news".
I'm not worried. I've cashed out plenty >100 and some in the 80's, but still holding a good chunk too.
You can't rush real life stuff. Why do you think Jared is flying over the whole world? For fun?
All I can say is: secure your profits so you have a good feeling about it and keep the rest. Even if DGB dumps to 10 again, i'm in profit with my current holdings. (not that i'm expecting it to go so low ever again).
And what exactly is DGB's claim to fame other than those $250K inexplicably given to Jared -I suppose- to get this thing off the ground? Honest question, really. Because, to the outsider here -me- this looks EXACTLY like your run-of-the-mill copy/paste hackjob worth 0.2 BTC from a number of providers. But I am sure it is something more than that and I trust that you will convince me of such. Giving the monumental dump that has followed to the monumental pump, it is approaching levels that, if there's SOMETHING to this project, it could be quite tempting, so I got some fresh BTC I would be willin g to have a house for in any alt that is not what I described above. Thanks in advance! Five separate algorithms. Also, if you do decide to only dabble in it, they've got an electrum-based wallet so you don't have to download the whole blockchain. Thank you for your answer. Unfortunately that's far from satisfying my requirements of honesty and transparency. See, the more I read about this, the more I see it is indeed a souped-up clone of BTC, nothing else. AND, importantly, there's no transparency whatsoever... that I have found. There are a buncho of first names listed as part of "the team", next to some Jared Tate. And an office address in Hong-Kong. Santa Monica, California is supposed to also have a new "global office" but whatever that one is doesn't seem to have neither a phone nor a physical address... hummmm. Also, there's this investment of $250K made by what appears to be a consulting firm in Hong-Kong that we are left to believe -at least I am- that was paid for in billions of DGB, maybe a bunch of current and future billions of DGB... one has to wonder and guess because I have read quite a bit about it and, unless I am missing the meat of the story, it is nowhere to be found what this Hong-Kong consulting firm is getting in exchange for those $250k. As it is, I am farther from being convinced I was before your answer -which, again, I thank you for-. I'd like to actually walk in the Santa Monica office and maybe meet Jared Tate or whoever those faceless first name guys and Tiffany are if they are there. But most of all, I'd like to know the obligations DGB has in exchange for that lofty $250K contribution. Lacking that, my BTC will be put to use somewhere else. TRhanks again for your quick answer anyway.
. . . starting with the OP.Here are some excerpts Why use DigiByte?  Security: DigiByte uses five highly advanced cryptographic algorithms. Speed: DigiByte transaction notifications occur in 1-3 seconds, blocks are discovered every thirty seconds and transactions are fully confirmed every 3 minutes. Future planned upgrades will make these times even faster. Fees: Most DigiByte to DigiByte transactions are free or carry a very small network-mining fee to incentivize people to mine. Worldwide: DigiBytes are already stored, traded and transacted in over 173 countries. Decentralization: There is no need for a middleman or third party or central server. Re-Spend: Send DigiBytes you received to someone else in as little as three minutes. Finite Production: New DigiBytes are added to the network every thirty seconds through a process called mining as each new block (or grouping of transactions in a spreadsheet like format) is discovered by the network. Scarcity: 21 Billion DigiBytes will be created in 21 years. 1% Monthly New Minting Reduction: New DigiByte production decreases 1% every month. Mining: DigiByte mining is decentralized with five independent, highly secure mining algorithms. Adaptable, innovative & flexible: DigiByte is constantly adding new features & services to remain on the cutting edge of digital currency technology. Committed Development: DigiByte has been under constant, progressive development for over one year now with core development team members from all over the world. Millennial Acquisition Potential: DigiByte provides merchants, banks & other legacy institutions with a new means of acquiring & connecting with tech savvy millennial users. A Bright Future: DigiByte has many new & exciting projects underway to be released throughout 2015 to increase DigiByte utility and new user adoption across the globe. DigiByte vs. Bitcoin Security: 5 DigiByte mining algorithms vs. 1 Bitcoin algorithm. - DigiByte mining is much more decentralized.
- DigiByte mining algorithms can be changed out in the future to prevent centralization.
Speed: DigiByte transactions occur much faster that Bitcoin transactions. - 1-3 second transaction notifications.
- 30 second DigiByte blocks vs. 10 minute Bitcoin blocks.
- DigiBytes are confirmed after 3 minutes vs. 1 hour with Bitcoins.
Transaction Volume: DigiByte can handle many more transactions per second. - Bitcoin can only handle 7 transactions per second.
- DigiByte currently can handle 140 transactions per second.
- Future DigiByte upgrades will push transaction limit to several thousand per second.
Total Supply: More DigiBytes, lower price, more micro transactions, better price stability. - 21 billion DigiBytes will be created over 21 years.
- Only 21 million Bitcoin will be created over 140 years.
- 1:1000 ratio. 1 Bitcoin for every 1000 DigiBytes.
Flexibility: Ability to quickly add new features. - DigiByte can add new features & upgrades much quicker than Bitcoin.
- Future DigiByte upgrades will push transaction limit to several thousand per second.
Marketability & Usability: DigiByte is an easy brand to market to consumers. - DigiBytes are much cheaper to acquire.
- $1 - $10 long-term price target per DigiByte.
- Send 5 DigiBytes instead of 0.005 Bitcoin.
DigiByte Timeline 2009 - 2012: The initial design & development for an open source decentralized cryptocurrency known as Bitcoin is created by an anonymous programmer using the name Satoshi Nakamoto. 2012 – 2013: The founder of DigiByte, Jared Tate initially discovers Bitcoin and spends over 14 months analyzing, learning & experimenting with the Bitcoin network and source code. November 2013: Jared decides to improve upon Bitcoin’s codebase with a brand new digital currency & payment network named DigiByte and begins development. January 10th, 2014, 12 PM MST: DigiByte officially launches with much success and user participation from around the globe. February 28th, 2014: DigiShield hardfork at block 67,200. DigiByte developers in response to multi-pool attacks test and develop an asymmetrical difficulty adjustment system named DigiShield. DigiShield is quickly adopted & implemented by many other digital currencies including Dogecoin. Many digital currencies still use & apply parts of DigiShield codebase. April 8th, 2014: DigiByte attends, gives a professional presentation & has a booth at the first ever cryptocurrency convention in New York City. Watch Video HereMay 1st, 2014: DigiByte mentioned on CNBC.com. Read HereMay 9th, 2014: DigiByte mentioned live on CNBC for the first time. Watch Video HereMay - August 2014: DigiByte team meets with several potential investors & strategic partners. September 1st, 2014: MultiAlgo hardfork at block 145,000. DigiByte plans & successfully deploys its second hardfork to allow miners to mine on five independent mining algorithms & is the first digital currency to make such a move. November 29th, 2014: DigiByte officially announces a $250,000 private investment to build services around the DigiByte network as well as a strategic collaboration with Tofugear Ltd of Hong Kong and a new office presence in Hong Kong. Read Announcement HereDecember 10th, 2014: MultiShield hardfork at block 400,000. DigiByte deploys & executes its third hard fork to improve network performance alongside a reward reduction to extend DigiByte production to 21 years. January 10th, 2015: DigiByte turns one year old. January 16th, 2015: DigiByte releases DigiHash Easy Miner for beginners. Read Release PostJanuary 21st, 2015: DigiByte releases 1st Web Based Multi-Signature Wallet. Read Release PostJanuary 23rd, 2015: The first DigiByte wallet has been approved & listed on the Apple iTunes store. Read Release PostJanuary 26th, 2015: DigiByte mentioned on CNBC.com! Read ArticleFebruary 1st, 2015: The DigiByteTip is released to the public for beta testing. This allows users tip send & tip DigiBytes on Twitter, Twitch, Facebook and Reddit. Read Release PostHere is a quick update for everyone! The 1st ever Digital Currencies convention for Bankers went very well in New York. We made a lot of connections & introduced a lot of high level people to DigiByte & DigiPay. Every major bank from Wells Fargo, Chase & more to Visa, Mastercard and even the people who run the SWIFT international transfer system where in attendance. There were also several representatives from some of the 12 Federal Reserve Banks. It was the most insightful & beneficial conference we have attended yet. Besides Ethereum, Mastercoin & Ripple we were the only alt coin represented there. This showed several people we are serious & a legitimate contender for long term Digital Currency success. The thing that surprised us the most was not "if" digital currencies would go main stream, but "when," "how" and "who" would be the first ones to do it. Several bankers legitimately felt block-chain technology can replace the aging ACH system. Bankers felt block chain technology could make it much easier for them to operate & follow AML/KYC laws. I (Jared) also met up with Brian Kelly of Nautiluscoin & had a great lengthy conversation about the future of Digital Currencies after attending the Fast Money show at the NASDAQ market site. Some very positive things are underway. Finance is changing & we are proud to stand along side all of you as we are all pioneering the future of money! DigiByte to the moon!
Can you say that about any other "alt coin"?Thank you for your exhausting answer that somewhat manages to actually evading two of my most significant concerns: Why the so called "global office" in Santa Monica, California lacks a phone number and a physical address and who exactly -and what are their qualifications- are those faceless guys with first names and Tiffany. And who, by the way, is this kid Jared Tate, I mean what are his qualifications? I understand that for a kid his age attending a session of CNBC at the Nasdaq is a big event but, really, it is a very common occurrence available to practically anyone who lands in New York. Meeting and conversing about crypto with Brian Kelly, possible the most incompetent pseudo developer ever to have brought up a "coin" (one of the biggest surviving failures, to boot) to market, is quite frankly underwhelming. On another level, let me tell you what is another common problem to ALL PoW projects: A bunch of miners and mining farms do actually bring to market millions of coins -in this case- every day. There's no capital to absorb those, hence the price keeps on going lower and lower. TRhis is a natural as simple offer and demand... except that it is quite a catch 22 situation: If the price is too low, no one will mine it because they get no money and their investment in electricity alone makes it un-viable. As a consequence, the blockchain's strength suffers and the coin dies eventually; on the other hand, when the coin is pumped -as DGB recently has been, it becomes profitable for miners who put plenty of therabytes of hashing power to mine millions of coins, therefore flooding the market and producing the inevitable dump -in which DGB is currently more or less halfway-. It seems to me (actually IT IS, rather), a lose-lose situation common to every other PoW coin out there. So, if you stack up the conceptual problems exposed in the previous paragraph, and add up the operating situation common to other similar projects (of identical behavior, for identical reasons, UNB, for instance), you will see that no one with a reasonable expectancy of any profit, either short or long term, will run, not walk, from this project. Sometimes it actually pays to escape the hyperbole designed to impress 15 year olds with dreams of easy money with no work; it is a bit harder to convince serious investors as I'm sure you can clearly see. But, once again, thanks for the wealth of "information" you volunteered. |
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